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I'm still yellow from piss'n in d'wind....
Agree, currently I'm just piss'n in the wind.
Out for the night - clock cleaned on the last 10 trades.
Hell I may just have to turn my computer screen upside-down, and change the colors from red to green!!!
I drop'd it down to the same road mark.
mov'n to slow for d'higher scalp.
Gonna ride the beast w'limit order of 237.350 and profit target of 237.75.
Now I lay me down to sleep,
I pray d'4-X my profit to keep.
If I should die before I wake,
I pray d'4-X my stop-loss to take.
No only Honey Roasted Nuts, the shell was removed last Fall.
Is it too late to pickup some fresh roasted Amy nuts?
d'beast kicked me off last night after I performed a double-down long and was ready to feast on fresh meat.
I was ready to put the beast to sleep for the night when I started to watch a $200 free fall loss, had to pull the SL with only two seconds left on the clock.
Close-out d'beast trade with a few extra gold coins on d'books.
I'm gonna hold d'tiger tail a little longer, three bucks a day in interest for riding her and she still a cheap date.
I put her to bed at 9:00PM, and watched her at 3:00AM in the morning for about forty-five minutes, and then all hell broke loose on the smaller time (less than 1 hour) scales.
I need a few more months of riding her, and a few more battle scars to gain her respect.
I've been viewing both the Daily and 3-hour charts, and using the 1 hour chart for adjusting of my S/L.
Anything less I would assume would be from the smoothing of noise (news) within the trading market.
Please note I have been only using this method for two days, and I have a few more homework assignments and game testings to complete before I can earn my butterfly wings.
Here's another one for your reading pleasure.
The World Economic Outlook (WEO) presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF's global surveillance activities.
World Economic Outlook - Link
http://www.imf.org/external/pubs/ft/weo/2007/01/index.htm
Back in @ 239.903 (based on d'kijun sen cross)
A strong kijun sen cross Buy signal takes place when a bullish cross happens above the kumo.
The kijun sen cross is one of the most powerful and reliable trading strategies within the Ichimoku Kinko Hyo system. It can be used on nearly all time frames with excellent results, though it will be somewhat less reliable on the lower, daytrading time frames due to the increased volatility on those time frames. The kijun sen cross signal is given when price crosses over the kijun sen. If it crosses the price curve from the bottom up, then it is a bullish signal. If it crosses from the top down, then it is a bearish signal. Nevertheless, like all trading strategies within the Ichimoku Kinko Hyo system, the kijun sen cross signal needs to be evaluated against the larger Ichimoku "picture" before committing to any trade.
Example of STRONG KIJUN SEN CROSS SIGNAL
http://www.kumotrader.com/ichimoku_wiki/images/e/e1/Ks_cross.gif
New Micro Exchange Rate Economics
This is a new approach to exchange rate economics whose foundations lie in microeconomics. The focus of the approach is on dispersed information and how this type of information is aggregated via market processes. By dispersed information we mean bits of information about changing variables such as output, money demand, goods prices, consumption preferences, and risk preferences, all of which are relevant to exchange rate determination in extant models. Macroeconomic models do not allow for information of this type; rather, relevant information is either symmetric economy-wide, or, in some models, asymmetrically assigned to a single agent—the central bank. That the private sector might be solving a problem of dispersed information is not considered. In reality, there are countless bits of information that the exchange rate (as an asset price) needs to impound. Understanding the nature of this information problem and how it is solved is the essence of New Micro Exchange Rate Economics.
Research Link - http://www.georgetown.edu/faculty/evansm1/New%20Micro/index.htm
http://www.georgetown.edu/faculty/evansm1/New%20Micro/index.htm
I switched trading methods last night and started using the Ichimoko Charting Hyo (set to 9,26,52) Method.
Your trade last night on GBP/JPY appeared like a classical Kumo Breakout.
I set my stop losses using the 235.643 (30 min) instead of the 235.458 (1 hour) recommended setting.
Kumo Breakout trading or "Kumo Trading" is a trading strategy that can be used on multiple time frames, though it is most widely used on the higher time frames (e.g.: Daily, Weekly, Monthly) of the position trader. Kumo breakout trading is the purest form of trend trading offered by the Ichimoku charting system, as it looks solely to the kumo and price's relationship to it for its signals. It is "big picture" trading that focuses only on whether price is trading above or below the prevailing kumo. In a nutshell, the signal to go long in Kumo breakout trading is when price closes above the prevailing kumo and, likewise, the signal to go short is when price closes below the prevailing kumo.
Ichimoko Charting Hyo ( Color setting based on example link)
http://www.kumotrader.com/ichimoku_wiki/index.php?title=Ichimoku_trading_strategies#Kijun_Sen_Cross
I guess I flew too close to the sun with my butterfly wings and the bags of gold were getting to heavy, but at least I'm back in the black on my game account.
Sleep @ d'wheel stopped out @ 235.643
still fly'n high above the kumo cloud.
still holding d'beast
You only get butterfly wing if you keep your $5000 dollars over the next two months.
If you need extra funds I can wire money from my game account.
- Just Jester
Please don't listen to me.
I'm the one that traded a double-bottom into the Tokyo lunch hour and watched all my profit disappeared in a manner of minutes.
Cut my losses early - will watch from the sidelines.
Long 118.79 USD/JPY until I cover the cost of my Happy Meal.
west coaster
Currency Option Pricing Tool
http://www.ozforex.com.au/cgi-bin/optionsCalc.asp
I would not send money to them.
Cash Now - ripoff report
http://www.ripoffreport.com/reports/ripoff131466.htm
First week of Forex Game Trading and lesson learned.
I played EUR/JPY this week and studied the Elliott Wave Theory. (more after the fact, trying to determine why my trades were going wrong)
I still have 11 more weeks till I earn my Forex butterfly wings, so far it's been fun and enjoyable.
London vampires are all tucked in tight for d'night.
I think it's golf lingo...
I used the hit-box last night on the London market, so I figure I would try it on the Tokyo market, but this time with the miss-box feature.
The graph appeared like it wanted to converge at this point, so I picked a box within the sandbox.
Gives me something to study over the weekend.
I started play'n with it last night after Capt mention it last week.
You London vampires are play'n when I'm sleep'n, so I have to be a Tokyo vampire.
It's starting to look like I should of push the box further out on the (eur/jpy).
Only my second play using the box, I hoping for a run to 159 with release of the Red Coats.
I'm only trading the EUR/JPY pair in the OANDA FX-Game account till I earn my butterfly wings.
Currently LONG 10,000 EUR/JPY @ 158.582 and LONG 10,000 EUR/JPY @ 158.622 with a miss Box set for 158.600/158.700 one hour after the Tokyo Open.
Sorry for taking up bandwidth on this board.
I notice that we had a few extra gopher in d'garden, I did not want to flood your gopher hole, so I stopped posting on d'board.
Good-luck feeding d'gophers
Jester
Buy Amy,,,,
Good luck on the sell side.
I'm learning to trade d'Forex Market so I can wean myself from the Pennystock Market.
Reading 8-K, it looks like the shell is in the process of being sold.
d'worm,
I finally did my income taxes for 2004, 2005, and 2006 after resolving d'Trainwreck worthless stocks.
I'm halfway thru grade school Grade 3 - Fibonacci.
http://www.babypips.com/school/fibonacci_who.html
I should be trading my wooden nickels within a couple of weeks.
Thanks, I'm just starting the first grade.
Hopefully end of the day. I will be potty trained and on to the second grade.